Automation Anywhere grew out of Tethys Solutions. Which launch in 2003. The company was register in California and releas 4 business automation products over 7 years of operation.
Until 2018, little was heard about Automation Anywhere, but by the beginning of 2021, the company had already gain about 2,800 corporate clients around the world. Among them are such major players as Volkswagen and Whirlpool.
Automation Anywhere has been growing at a rapid pace:
The first $250 million was rais from Goldman Sachs and c level executive list New Enterprise Associates, as well as $300 million from SoftBank. The company’s capitalization grew to $2.6 billion.
Co-founder Mihir Shukla says in an interview that the rapid growth in demand for automation at this time is provok by the development of digital giants – Google, Uber, Netflix, Amazon and others. Against this background, automation is a strategically mobile friendly website the complete construction guide important tool for business, and Automation Anywhere has attract the attention of investors.
2019
Automation Anywhere has successfully rais an additional $290 million. Investors include Salesforce Ventures, SoftBank, and Goldman Sachs. This puts the company at the forefront of automation. The funds have enabl the company to expand its capabilities. The company is partnering with industry leader Salesforce.
Automation Anywhere grows to 3,500 customers and 1,750 employees in 20 cities worldwide, which in turn increases the startup’s valuation to $6.8 billion.
2020
In the context of economic instability caus by the pandemic, Automation Anywhere is cutting 10% of its staff. The company’s CEO Mihir Shukla officially speaks calling list only about positive processes in the company and the growth in demand for the product, so the decision has caus surprise. However, market analysts recognize this decision as rational and justifi.
Automation Anywhere is beginning to actively develop areas relat to cloud and hybrid services. As Senior Director of Communications Dayna Fri emphasizes, the company focuses on offering customers solutions that allow them to cope more effectively with current and future challenges. Cloud services are consider a key element in creating a system that can be manag promptly in a crisis situation.
